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20100908
20100908
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? >> it can. if we can get it passed quickly. >> reporter: economist ellen zentner says it could provide a critical boost to a fragile economy. >> right now business investment spending is accounting for about 7-10% of economic growth. that's not chump change. >> reporter: even conservative economists embraced the idea. >> he should have proposed this right at the very beginning. >> reporter: kevin hassett of the american enterprise institute says the incentives could add as much as 10% to equipment spending, or about $100 billion. more importantly, he says, it could change the national mood. >> i think at some point americans are going to finally say that the worst is behind us and that we're ready to boom again and this is the kind of proposal that could change the psychology and create the positive momentum we need to really get out of this malaise. >> reporter: the white house says the final cost of the incentives would be about $30 billion. the administration is also proposing a permanent extension of the research and development tax credit. katie? >> couric: all right. anthony maso
. they are dangerous. host: we will move on. ellen, pennsylvania. caller: good morning. that lady that was just on, she is the worst one going. i think that the tea party is a dirty name in it is so long. host: why? caller: the tea party gets a bad name, they are human beings and they have an opinion. host: what you think of "the wall street journal"? republicans need to be pragmatic? if you have a tea party candidate they cannot win in a general election, is it wise to vote for a more moderate republican? caller: yes. host: you do? caller: yes. host: would you call yourself a moderate? caller: i can, but i do not want to. you know why? there are so many hot heads on the other side. obama is doing so much for the unions and frankly, i think they will ruin my country. host: in this -- pennsylvania senate race, do you think that pat to me is a moderate? caller: i think that he is very sensible. host: james, democratic line, your next. caller: i think that the bankers are backing up the republican party. why? they are deliberately tying up the money. why? they want to republicans in. why? tax breaks. when
Search Results 0 to 1 of about 2